Connected Agriculture Market by Industry Growth, Top Manufacturers Analysis, Revenue, Types and Forecasts 2023
The Global Connected Agriculture Market is expected to grow from US$ 1.8 Billion in 2018 to US$ 4.3 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The connected agriculture market is driven by various factors, such as integration of mobile technology with agriculture solutions and rapid adoption of advanced farming techniques to manage various farming activities.
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Technological advancements and growing focus to follow modern farming practices have made farmers and growers implement connected agriculture solution. Farmers in different regions lack technical knowledge or do not have efficient farming tools to interpret and analyze the data required for effective decision-making. This has created opportunities for vendors to provide integration and implementation services to farmers and help them improve their limited knowledge by fulfilling a technological gap.
APAC is expected to grow at the highest CAGR during the forecast period, due to the increase in demand for connected agriculture solution and services. Growing economies in countries,such as China, Japan, Australia and New Zealand, and India provide huge opportunities for the adoption of the connected agriculture solution and services in the APAC region.
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Top Key Players in the “Connected Agriculture Market” include are
- IBM (US)
- Microsoft (US)
- AT&T (US)
- Deere & Company (US)
- SAP SE (Germany)
- Accenture (Ireland)
- Cisco (US)
- Oracle (US)
- Iteris (US)
- Trimble (US)
- SMAG (France)
- Ag Leader Technology (US)
- Decisive Farming (Canada)
- Gamaya (Switzerland)
- SatSure (UK)
The Study Objectives of this report are:
- To analyze the market with respect to individual growth trends, prospects, and contributions to the market
- To forecast the market size of 5 main regional segments, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market
- To define, describe, and forecast the connected agriculture market by component (solution, platforms, and services), application, and region
- To profile the key players in the market and comprehensively analyze their core competencies in each microsegment
- To analyze the competitive developments, such as agreements, partnerships, alliances, and acquisitions, in the connected agriculture industry
Inquire more or share questions if any before the purchase on “Connected Agriculture Market by Component (Solution, Platforms, and Services), Application (Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management), and Region – Global Forecast to 2023” report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1897838 .
Reason to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall connected agriculture market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies
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